Which broker is better for Norway traders in 2026? Expert analysis across 12 categories.
Norway traders seeking a reliable forex broker have two prominent options: FBS and FxPro. FBS, with a score of 3.7/5, is known for its low minimum deposits and flexible leverage, while FxPro, scoring 4.1/5, offers a more regulated environment with strong execution. Both brokers accept Norwegian clients and support local payment methods like Bank Transfer, Skrill, Neteller, and USDT TRC20, which are popular among Norwegian traders. However, the Norwegian Financial Supervisory Authority (Finanstilsynet) does not directly regulate either broker, so traders must choose the entity carefully. This comparison will help you decide which broker aligns with your trading style—whether you prioritize cost savings or regulatory safety.
| Instrument | FBS | FxPro | Winner |
|---|---|---|---|
| EUR/USD avg spread | 0.09 pips + $3.5/lot | 0.0 pips + $3.5/lot | FxPro |
| XAU/USD (Gold) | $0.14 typical | $0.12 typical | FxPro |
| GBP/USD avg spread | 0.29 pips | 0.23 pips | FxPro |
| Standard acc spread | from 1.0 pips | from 0.8 pips | FxPro |
| ECN commission | $3.5/lot/side | $3.5/lot/side | Tie |
| Min deposit | $5 | $100 | FxPro |
For Norway traders, trading costs are crucial. FBS offers spreads from 0.0 pips on its Zero Spread account, ideal for scalpers. On its Standard account, spreads average 1.0 pip on EUR/USD. FxPro’s Raw+ account has spreads starting at 0.2 pips, with a commission of $4.50 per lot round turn. For a Norwegian trader executing 10 lots per month, FBS could save around $30 in spreads compared to FxPro. However, FxPro’s lower swap rates may benefit longer-term traders. Overall, FBS is cheaper for active traders, while FxPro offers more predictable costs.
| Account Type | FBS | FxPro |
|---|---|---|
| Standard account | ✓ | ✓ |
| ECN / Raw spread | ✓ | ✓ |
| Islamic (swap-free) | ✓ | ✓ |
| Demo account | ✓ | ✓ |
| PAMM / MAM account | ✗ | ✗ |
| Zero spread account | ✗ | ✓ |
| Copy trading | ✗ | ✗ |
| Min deposit | $5 | $100 |
| Entity / Asset | FBS | FxPro |
|---|---|---|
| Norway (offshore) | Up to 1:3000 | Up to 1:500 |
| Forex major pairs | 1:3000 | 1:500 |
| Gold (XAU/USD) | 1:200 | 1:200 |
| Indices | 1:100 | 1:100 |
| Cryptocurrencies | 1:2 to 1:10 | 1:2 to 1:10 |
| Asset Class | FBS | FxPro | Winner |
|---|---|---|---|
| Forex pairs | 90+ | 65+ | FBS |
| Gold (XAU/USD) | ✓ | ✓ | Tie |
| Oil (WTI/Brent) | ✓ | ✓ | Tie |
| Stock indices | 25+ indices | 20+ indices | FBS |
| Crypto CFDs | 30+ | 20+ | FBS |
| Stocks / Share CFDs | ✗ | 1,700+ | FxPro |
| ETFs | ✗ | ✗ | Tie |
| Platform | FBS | FxPro |
|---|---|---|
| MetaTrader 4 (MT4) | ✓ | ✓ |
| MetaTrader 5 (MT5) | ✓ | ✓ |
| cTrader | ✗ | ✓ |
| TradingView | ✗ | ✗ |
| Expert Advisors (EAs) | ✓ | ✓ |
| Scalping allowed | ✓ | ✓ |
| Hedging allowed | ✓ | ✓ |
Both brokers provide MetaTrader 4 and MetaTrader 5, which are popular among Norway traders for their advanced charting and automated trading capabilities. FxPro additionally offers cTrader, a platform preferred by day traders for its depth of market and fast execution. FBS also has its own web platform, but it is less feature-rich. For Norwegian traders who value algorithmic trading, both brokers support Expert Advisors (EAs) on MT4/MT5. FxPro’s cTrader is a standout for those who want direct market access and transparency.
| Factor | FBS | FxPro | Winner |
|---|---|---|---|
| Execution model | ECN/STP | True ECN | FxPro |
| Avg execution speed | ~30ms | ~40ms | FBS |
| Slippage | Very low | Very low | Tie |
| Requotes | Very rare | Very rare | Tie |
| Scalping allowed | ✓ | ✓ | Tie |
| EA / Bot trading | ✓ | ✓ | Tie |
FxPro offers superior execution with no requotes and low latency, thanks to its direct market access (DMA) and use of Equinix data centers. FBS provides instant execution with occasional slippage during volatile periods. For Norway traders who trade news events or use scalping strategies, FxPro’s execution quality is more reliable. FBS is adequate for casual traders but may frustrate high-frequency traders.
| Safety Factor | FBS | FxPro |
|---|---|---|
| Primary regulator | IFSC | FCA |
| Top-tier regulated | ✗ | ✓ |
| Investor protection | ✓ | ✓ |
| Segregated funds | ✓ | ✓ |
| Neg. balance protection | ✓ | ✓ |
Regulation is a key concern for Norway traders. FxPro is regulated by the UK FCA, CySEC, and FSCA, offering strong client protection, including negative balance protection and compensation schemes. FBS is regulated by the IFSC in Belize, which provides less oversight. Neither broker is regulated by the Norwegian Financial Supervisory Authority (Finanstilsynet), meaning Norwegian traders are not covered by the Norwegian investor compensation scheme. FxPro’s multi-regulatory framework gives it an edge in trust and security, while FBS may appeal to those willing to accept higher risk for lower costs.
| Payment Method | FBS | FxPro |
|---|---|---|
| Bank Wire Transfer | ✓ | ✓ |
| Visa / Mastercard | ✓ | ✓ |
| Skrill | ✓ | ✓ |
| Neteller | ✓ | ✓ |
| USDT / Crypto | ✓ | ✗ |
| Withdrawal time | Electronic Wallets / Systems: Credited immediately to 30 minutes (processed 24/7 by the financial department).Cryptocurrency: Instant, though subject to blockchain network confirmations.Credit / Debit Cards: Average of 3 to 4 business days (internal processing takes 15–20 minutes, plus bank clearance).Bank Transfers: Usually processed within 7 to 10 business days. | 1 business day |
Norway traders can fund their accounts using Bank Transfer, Skrill, Neteller, and USDT TRC20 at both brokers. FBS supports deposits via local bank transfers in NOK with no fees, while FxPro may convert to USD at market rates. Skrill and Neteller deposits are instant and free at both brokers. USDT TRC20 is a fast, low-cost option for crypto-savvy traders, with no additional fees. Withdrawals are processed within 24 hours at FBS and 1-2 business days at FxPro. FBS charges no withdrawal fees, while FxPro may apply a small charge for bank transfers. Overall, FBS offers more flexible and cheaper payment options for Norwegian clients.
| Islamic Account Feature | FBS | FxPro |
|---|---|---|
| Swap-free available | ✓ | ✓ |
| Admin fee instead of swap | On some instruments | On some instruments |
| MT4 / MT5 supported | ✓ | ✓ |
| How to apply | Contact support | Contact support |
Both FBS and FxPro offer Islamic (swap-free) accounts for Norway Muslim traders who wish to trade without earning or paying interest. FBS provides Islamic accounts on all account types, including Standard and Cent accounts, with no additional fees. FxPro offers swap-free accounts on request, but they may be limited to certain account types and require verification of religious affiliation. These accounts are compliant with Sharia law and are available to Norwegian residents. FBS’s automatic eligibility makes it more accessible for Muslim traders in Norway.
| Support Feature | FBS | FxPro | Winner |
|---|---|---|---|
| Live chat | ✓ | ✓ | Tie |
| Phone support | ✗ | ✓ | Tie |
| Email support | ✓ | ✓ | Tie |
| 24/7 support | ✗ | ✗ | Tie |
| Response time (chat) | <2 minutes | <3 minutes | FBS |
FBS offers 24/7 multilingual support via live chat, email, and phone, with Norwegian language support available. FxPro provides 24/5 support in multiple languages, including Norwegian, but its live chat is not available 24/7. For Norway traders, FBS’s round-the-clock support is advantageous, especially for those trading during off-hours. FxPro’s support is professional but limited to market hours.
| Mobile Feature | FBS | FxPro | Winner |
|---|---|---|---|
| iOS App Store rating | 4.5 stars | 4.3 stars | FBS |
| Google Play rating | 4.3 stars | 4.2 stars | FBS |
| Biometric login | ✓ | ✓ | Tie |
| Push notifications | ✓ | ✓ | Tie |
| Full charting on mobile | ✓ | ✓ | Tie |
| TradingView mobile | ✗ | ✗ | Tie |
| Resource | FBS | FxPro | Winner |
|---|---|---|---|
| Video tutorials | 100+ videos | 50+ videos | Tie |
| Webinars (live) | Weekly | Monthly | Tie |
| Economic calendar | ✓ | ✓ | Tie |
| Market analysis | Daily | Basic | FBS |
Choose FBS if you...
Choose FxPro if you...
For Norway traders, the choice between FBS and FxPro depends on your priorities. FBS offers lower costs, flexible payments via Bank Transfer, Skrill, Neteller, and USDT TRC20, and easier access to Islamic accounts. However, its regulation is weaker. FxPro provides a more secure trading environment with top-tier regulation, better execution, and advanced platforms. Given the lack of direct regulation by the Norwegian Financial Supervisory Authority, FxPro’s multi-regulatory coverage offers more peace of mind. If you are a cost-conscious retail trader, FBS may work, but for long-term safety and reliability, FxPro is the better choice for Norway traders in 2025.